Acme Universal Safezone 9 IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: September 25, 2026

Acme Universal Safezone 9 Limited, an established player in the Indian Personal Protective Equipment (PPE) sector, is gearing up to make its primary market debut with an upcoming ₹35.93 Crore SME IPO. Operating as a premier manufacturer of industrial and occupational safety footwear under the ‘ACME’ brand, the company focuses on delivering a diversified portfolio that includes 15 product lines across EVA-rubber, nitrile rubber, and PVC sole variants, designed to provide critical protection against impact, electrical shock, heat, chemicals, and slipping. The business operates a highly targeted B2B and institutional sales model—backed by a robust production presence across five manufacturing facilities in Madhya Pradesh and Uttar Pradesh, and an extensive distribution network with warehousing at over 40 locations across India. Empowered by stringent international safety certifications (including BIS, EN ISO, and ASTM) and advanced manufacturing technology, Acme Universal Safezone efficiently captures the growing demand within India’s industrial safety sector while actively exporting to global markets like the UAE, Saudi Arabia, and the Netherlands. The subscription window for this book-built issue opens on September 28, 2026, and closes on September 30, 2026. The price band is set between ₹65 to ₹71 per equity share. The ₹35.93 Crore offering comprises entirely a Fresh Issue (50.61 lakh shares), with absolutely no Offer for Sale (OFS) component. Retail investors must apply for a minimum of 2 lots (3,200 shares), requiring an investment of ₹2,27,200 at the upper price band. The company plans to utilize the fresh capital primarily to fund major capital expenditure for installing additional machinery (₹8.96 Crore) and setting up solar power plants (₹3.62 Crore), alongside meeting incremental working capital requirements (₹8.00 Crore) and pursuing inorganic growth. Set to list on the BSE SME platform, market participants are closely watching this fast-growing manufacturing enterprise, backed by a robust FY26 total income of ₹211.16 Crore and a net profit of ₹5.86 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!



Acme Universal Safezone 9 IPO Details

Quick IPO Factsheet

Bidding Opens

September 28, 2026

Bidding Closes

September 30, 2026

Price Band

₹65 to ₹71

(Book Built)
Lot Size

1,600 Shares

(Min. 2 Lots / 3,200 Shares for Retail)
Total Issue Size

₹35.93 Cr

(50.61 Lakh Shares)
Fresh Issue Size

₹35.93 Cr

(Entirely Fresh Issue, No OFS)
Retail Category

35.00% Allocation

(Of the Net Offer)
Face Value

₹10 Base

Market Structure

SME (BSE SME)




Acme Universal Safezone 9 IPO Timeline

IPO Open Date September 28, 2026
IPO Close Date September 30, 2026
Basis of Allotment October 1, 2026
Initiation of Refunds October 5, 2026
Credit to Demat Account October 5, 2026
BSE SME Listing Date October 6, 2026



Deep-Dive Corporate Profile: What Does Acme Universal Safezone 9 Limited Do?

Incorporated in 1994 and headquartered in Gwalior, Madhya Pradesh, Acme Universal Safezone 9 Limited is a premier manufacturer and supplier of industrial safety footwear under the trusted 'ACME' brand. Operating within the critical Personal Protective Equipment (PPE) segment, the company utilizes an integrated B2B and institutional distribution strategy to capture large-scale demand across domestic and international markets. Its operations are driven by two core pillars:

  • Advanced Industrial Footwear Portfolio: The company manufactures 15 specialized product lines utilizing EVA-rubber, Nitrile Rubber, and PVC sole variants. These highly engineered boots and shoes are designed to provide essential workplace protection against impact, electrical shock, extreme heat, chemicals, and slipping. The products cater to high-risk sectors including construction, mining, oil & gas, heavy engineering, and power generation, meeting stringent global safety standards such as BIS (IS 15298), EN ISO 20345, and ASTM F2413.
  • Integrated Manufacturing & Global Reach: Acme Universal Safezone operates five highly automated manufacturing facilities across Madhya Pradesh and Uttar Pradesh, equipped with state-of-the-art German Desma direct injection machines and robotic arm systems. Backed by ICad3D design technology and a robust supply chain featuring warehousing in over 40 Indian cities, the company serves heavy industries locally while maintaining a strong export footprint across the UAE, Saudi Arabia, the Netherlands, and Nigeria.


Why is the Company Raising Funds? (Objects of the Issue)

The upcoming ₹35.93 Crore SME IPO is entirely a Fresh Issue of ₹35.93 Crore (50.61 lakh shares). There is absolutely no Offer for Sale (OFS) component, ensuring that all raised capital is retained within the company to drive its next phase of industrial scaling.

The net proceeds from the fresh capital are strategically allocated across the following primary objectives:

  • Capital Expenditure for Additional Machinery (₹8.96 Crore): A significant portion of the funds will be deployed to procure advanced plant machinery, including precision Knife Cutting Machines and Foaming Pouring Machines, to further automate production and increase manufacturing yields.
  • Installation of Solar Power Plants (₹3.62 Crore): The company is investing in renewable energy infrastructure across three of its manufacturing facilities to optimize long-term energy consumption, reduce operational overhead, and improve sustainability.
  • Incremental Working Capital (₹8.00 Crore): To support its rapidly scaling operations and manage raw material procurement (like rubber and PVC polymers), a dedicated tranche is allocated to stabilize inventory and credit cycles.
  • Inorganic Growth & General Corporate Purposes: The residual balance will be utilized to pursue unidentified strategic acquisitions, expand global market reach, and meet general corporate contingencies.

🏗️ Capital Expenditure 35.01%

₹12.58 Crore is allocated for core infrastructure upgrades. This includes ₹8.96 Crore for installing advanced machinery (like automated cutting/foaming machines) and ₹3.62 Crore for setting up solar power plants across three facilities.

🤝 Strategic Acquisitions 25.00%

An estimated ~₹8.98 Crore is explicitly earmarked to pursue inorganic growth through unidentified acquisitions and strategic industry partnerships to expand the company's PPE market share.

💼 Working Capital 22.27%

₹8.00 Crore is dedicated to meeting incremental working capital constraints, ensuring the company can smoothly finance large-scale raw material procurement (rubber, PVC polymers) and manage inventory cycles.

🏛️ General Corporate 17.72%

The residual balance of approximately ~₹6.37 Crore will cover the mandatory IPO issue expenses, localized marketing initiatives, and serve as a liquidity buffer for general corporate contingencies.



Company Financials

*All amounts are in ₹ Crores (Restated)
📅 Period Ended 📈 Total Income 💼 Net Worth 💰 PAT 🏦 Assets
FY 2024 ₹181.67 ₹46.11 ₹7.56 ₹119.07
FY 2025 ₹191.31 ₹46.91 ₹0.80 ₹133.70
FY 2026 ₹211.16 ₹52.77 ₹5.86 ₹146.72



Acme Universal Safezone 9 IPO Key Performance Indicators (KPIs)

Financial KPI (Mar 31, 2026)* Value
Return on Capital Employed (ROCE) 5.54% (FY26)
EBITDA Margin 7.36% (FY26)
PAT Margin 2.84% (FY26)
Debt to Equity Ratio 1.10x (FY26)
Return on Net Worth (RoNW) 11.75% (FY26)
Earnings Per Share (EPS) ₹4.17 (Pre-IPO) | ₹3.07 (Post-IPO)
Price/Earning (P/E) Ratio 17.03x (Pre-IPO) | 23.13x (Post-IPO)
Net Asset Value (NAV) ₹37.60 (Pre-IPO)
Price to Book (P/B) 1.89x (At Offer Price)
Market Cap at Offer Price ₹99.63 Cr (Pre-IPO) | ₹135.56 Cr (Post-IPO)



Promoters & Shareholding Pattern

Shareholder Category Pre-IPO Holding Post-IPO Holding
Promoter & Promoter Group 94.88% 69.73%
Public / Institutional / Others 5.12% 30.27%
💡
• Smart Market Insights

Acme Universal Safezone 9 Limited enters the BSE SME market backed by its founding promoters, Nitin Tiwari and Ruchi Tiwari. Prior to the IPO, the promoter group maintained dominant control, holding a massive 94.88% equity stake in the company. The ₹35.93 Crore offering is entirely a Fresh Issue, with absolutely no Offer for Sale (OFS) from the existing promoters. Post-listing, the issuance of new equity will organically dilute the promoter holding to a still-dominant 69.73%. By retaining such a substantial majority of the outstanding equity, the founding management ensures tight strategic alignment with incoming public shareholders as they deploy the capital to fund machinery expansion and solar plant installations.

Industry Peer Comparison

Company Name EPS (₹) P/E Ratio (Post-IPO) NAV (₹)
Acme Universal Safezone 9 Limited (IPO) 4.17 23.13x 37.60
Mallcom (India) Ltd. 48.15 20.76x 510.21
Superhouse Ltd. 2.87 54.74x 455.07
Liberty Shoes Ltd. 6.59 40.82x 137.20



IPO Strengths & Key Risks

✓ Strengths
Established Brand & Deep Product Portfolio: With roots dating back to 1994, the company has built strong B2B equity under the 'ACME' brand. It offers 15 specialized product lines of industrial safety footwear (EVA, Nitrile, PVC) designed to protect against extreme heat, electrical shock, and chemical exposure.
Advanced Integrated Manufacturing: Acme operates five highly automated manufacturing facilities across Madhya Pradesh and Uttar Pradesh. Utilizing advanced German Desma direct injection machines and robotic arms ensures high production yields and consistent quality control.
Global Certifications & Export Reach: The company's products meet stringent international safety standards, including BIS, EN ISO, and ASTM. This compliance has enabled a robust export footprint, shipping high-margin PPE to the UAE, Saudi Arabia, the Netherlands, and Nigeria.
Consistent Top-Line Scaling: The business has demonstrated steady revenue growth driven by sustained institutional demand. Total Income expanded from ₹181.67 Crore in FY24 to ₹211.16 Crore in FY26, showcasing its ability to capture market share in the heavy industry sector.
✕ Key Risks
Severe Profitability Volatility: Despite consistent revenue growth, bottom-line margins are highly unstable. Profit After Tax (PAT) plunged dramatically from ₹7.56 Crore in FY24 to just ₹0.80 Crore in FY25, before recovering to ₹5.86 Crore in FY26, indicating vulnerability to operational cost pressures.
High Working Capital Intensity: B2B manufacturing and institutional sales require extending long credit cycles and holding massive raw material inventories. The company is dedicating ₹8.00 Crore of its fresh IPO proceeds specifically to manage these intense working capital constraints.
Raw Material Price Fluctuations: The industrial footwear sector relies heavily on petrochemical derivatives like PVC polymers, polyurethane, and synthetic rubber. Any sharp volatility in global crude oil prices directly compresses the company's operating margins.
Heavy Industry Concentration: Acme's institutional sales are heavily dependent on specific cyclical sectors, including mining, oil & gas, construction, and power generation. An economic slowdown or reduced capital expenditure in these target industries would directly impact bulk order volumes.



💡

Smart Market Insights

Wealthova Verdict: SUBSCRIBE (FOR LONG TERM)

Acme Universal Safezone 9 Limited enters the BSE SME platform as a highly established manufacturer of industrial safety footwear, operating under the well-recognized 'ACME' brand since 1994. The company's core strength lies in its integrated B2B manufacturing model, operating five advanced facilities across MP and UP. By producing highly specialized PPE gear (across 15 product lines) that meets strict international BIS and EN ISO standards, Acme has successfully secured robust institutional demand from core sectors like mining, oil & gas, and heavy engineering, while maintaining a solid export footprint across the UAE and Europe. Financially, the company has demonstrated impressive top-line scale, with Total Income growing from ₹181.67 Crore in FY24 to ₹211.16 Crore in FY26.

However, prospective investors must be comfortable with the inherent volatility of heavy manufacturing. The company's bottom line experienced a severe contraction in FY25, where Profit After Tax (PAT) plummeted to just ₹0.80 Crore (down from ₹7.56 Crore in FY24) before recovering to ₹5.86 Crore in FY26. This volatility underscores the company's exposure to raw material pricing (polymers and rubber) and high working capital intensity. Positively, the ₹35.93 Crore IPO is a 100% Fresh Issue. Management is prudently allocating these funds towards tangible growth drivers: ₹8.96 Crore for advanced machinery to boost yields, ₹3.62 Crore for solar power to cut long-term energy overheads, and ₹8.00 Crore specifically to ease working capital constraints.

From a valuation standpoint, the issue is priced reasonably. At the upper price band of ₹71 per share, the IPO demands a post-issue P/E multiple of 23.13x (based on diluted FY26 EPS of ₹3.07) and a Price-to-Book (P/B) multiple of 1.89x, pegging the post-issue market capitalization at ₹135.56 Crore. Compared to listed peers like Mallcom India (20.76x P/E) and Liberty Shoes (40.82x P/E), Acme Universal is priced in line with industry averages, offering fair value for a company with a 30-year operational history and deep B2B moats. While the minimum retail investment is steep at ₹2,27,200 (2 lots / 3,200 shares), the promoters' decision to retain a massive 69.73% post-issue stake signals strong confidence in future execution. Given the company's established brand equity, global certifications, and clear capex roadmap, we assign a SUBSCRIBE (FOR LONG TERM) rating. It is best suited for patient investors looking for exposure to India's growing industrial and infrastructure ecosystem.

Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs) carry market risks, and equity investments are subject to broader market fluctuations. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.



Acme Universal Safezone 9 IPO Key Contacts & Advisors

Role / Entity Contact & Details
📋 IPO Registrar Maashitla Securities Pvt.Ltd.
🏢 Company Contact Acme Universal Safezone 9 Ltd.

Registered Office: Near Twelve Shops Girwai Naka, A. B. Road, Gwalior, Madhya Pradesh, 474001

💼 Merchant Bankers Expert Global Consultants Pvt.Ltd.

Book Running Lead Manager



Frequently Asked Questions (FAQs)

What are the opening and closing dates for the Acme Universal Safezone 9 IPO?
The Acme Universal Safezone 9 Limited IPO opens for public subscription on September 28, 2026, and officially closes on September 30, 2026. The basis of allotment will be finalized on October 1, 2026, with the official stock market listing scheduled on the BSE SME platform for October 6, 2026.
What is the minimum lot size and investment required for retail investors?
Retail investors are required to apply for a minimum of 2 lots (3,200 shares). At the upper price band of ₹71 per share, the minimum retail investment required is ₹2,27,200. High Net Worth Individuals (HNI) must apply for higher multiples in accordance with SME application guidelines.
How can I check the allotment status for the Acme Universal Safezone 9 IPO?
You can check your Acme Universal Safezone 9 IPO allotment status online starting October 1, 2026, using any of the following portals:
  1. Wealthova (Recommended): Check directly on the Wealthova IPO Allotment Status Hub using your PAN number or Application Number for real-time verification.
  2. Official Registrar Portal: Visit the official allotment page of Maashitla Securities Pvt.Ltd.
  3. Stock Exchange Portal: Verify directly on the official BSE IPO allotment status page.
Where will the Acme Universal Safezone 9 IPO be listed?
Acme Universal Safezone 9 Limited is an SME public issue, and its equity shares will list exclusively on the BSE SME platform on October 6, 2026.
What is the total issue size and price band for the IPO?
The total issue size is ₹35.93 Crore (50.61 lakh shares). It is structured entirely as a Fresh Issue, with absolutely no Offer for Sale (OFS) component from existing promoters. The shares are offered via a book-built price band set between ₹65 to ₹71 per equity share (Face Value: ₹10).
Who is the registrar and lead manager for this public issue?
Maashitla Securities Pvt.Ltd. is acting as the official IPO Registrar. The Book Running Lead Manager for the offering is Expert Global Consultants Pvt.Ltd.